First Registration of unregistered property
England and Wales enjoys a world-leading land registration system by which, for over a century, increasingly large parts of England & Wales have been subject to “Compulsory first registration”; this means anyone buying unregistered property in an area of compulsory registration has also had to apply for their title to be registered with HM Land Registry. The whole of England and Wales has been subject to compulsory first registration for the last 30 years or so – that means any unregistered property will need to be registered by any buyer of it.
At present HM Land Registry contains more than 25 million property titles, evidencing the ownership for more than 87% of the land mass of England and Wales, and that % is gradually increasing all the time. It is increasingly rare to encounter property that is unregistered. The rules, processes and laws that apply between registered and unregistered land can be quite different.
The Land Register is public – anyone can inspect the register for the information it contains. Conveyancing professionals, such as ourselves, have unique access to industry tools that enable us to access the register easily.
Each registered land title includes a plan of the land that title contains – the plan might show thousands of acres of land (e.g. in wild moor country), or just a few square feet (e.g. in built-up conurbations).
There are many circumstances in which you may find that you need to prove your ownership of your property. With a “Registered” property this can be dealt with online and in minutes, whereas “Unregistered” property could entail taking a bundle of physical deeds (once you have obtained them from your solicitor or bank) to whoever needed that proof. This sometimes incurs the additional expense of a solicitor who would approved and check the deeds.
For this reason an owner might choose to register an unregistered property, even when not necessarily needing to do so.
This product is for our registration of unregistered property, either as a “stand-alone” exercise, or within our conveyancing service.
How long will it take?
We would expect to submit papers to the Land Registry within a week of taking your instructions. First Registrations can take several months, depending on how busy the Land Registry are. If particular applications are urgent, we can communicate that to them - they are normally cooperative if they see the request as reasonable.
Your supplier is CLC-regulated Mounteney Conveyancers Ltd, that charges VAT some customers may be able to reclaim
Our work will be charged at a fixed fee of £500 including+ VAT = £600.
There will be additional fees charged by the Land Registry for dealing with this which will be determined by the current market value of your property. A typical example is a property worth £270,000 would attract total Land Registry fees of £280.
There is more about our fees on our website here
If you have any questions or require any further information, please don’t hesitate to Contact Us.